The License Fee Sample Clauses

The License Fee. During the Licensed Period, the LICENSEE shall pay to the LICENSOR, a monthly License Fee of Rs. /- (Rupees Only) per month for the LICENSED PREMISES before 10th day of each calendar month in advance and also pay in addition to the License Fee a sum of Rs Nil per month for the services of the furniture and fixtures provided as per the list attached in Annexure A of this Agreement. The License Fee shall be payable in favour of Mr only. The payment of the License fee is subject to the deduction of TDS as per the prevailing provisions under the Income Tax Act, 1961. The LICENSEE shall, with in 30 days of such deduction, issue the T D S certificate to the LICENSOR. In the event of the LICENSEE committing any delay and/or default (for any reason/s what so ever) in payment of the License Fee, and/or any other amounts, as mentioned in this Leave and License, then and in that event, without prejudice to the rights of the LICENSOR (under the provisions of this Leave and License and/or under the Law and/or in Equity) the LICENSEE shall be liable to pay to the LICENSOR and the LICENSOR shall be entitled to receive from the LICENSEE, interest at the rate of 18% (per cent) per annum, to be calculated from the due date of each of such payment, up to the date of full realization there of by the LICENSOR together with the due interest thereon.
Sample 1
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The License Fee. During the Licensed period, the LICENSEE shall pay to the LICENSOR, a monthly LICENSE FEE, amounting to RS.10,26,875/- (Rupees Ten Lacs Twenty Six Thousand Eight Hundred Seventy Five Only)@ Rs.31 per sq.ft The said monthly License Fee shall be paid by the LICENSEE to the LICENSOR, on monthly advance basis and shall become due on the 1st day of each English calendar month in advance. However, the same can be paid within a grace period of 10 Days in each English calendar month. In the event of the LICENSEE committing any delay or default (for any reason what so ever) in the payment of the License Fees and/ or any other amounts, as mentioned herein then and in that event, without prejudice to the other rights available to the LICENSOR (under the provisions of this agreement and /or under the Law and/or in Equity) the LICENSEE shall be liable to pay to the LICENSOR and the LICENSOR shall be entitled to receive from the LICENSEE, an interest at the rate of eighteen (18) per cent per annum, to be calculated from the due date of such payment up to the date of full realization, together with the due interest thereon.
Sample 1
The License Fee. For and in consideration of the rights granted by the Rightholder the Company shall pay to the Rightholder the License Fee of ISK [XXX] + VAT, as a full and final remuneration, against a proper invoice upon signature of this Agreement. No exploitation of the Composition is allowed and no license is granted under this Agreement until full payment according to this article has been made to the Rightholder. This Agreement shall not enter into force until the full payment according to this article has been made to the Rightholder.
Sample 1
The License Fee. . 4.1 The Tenant shall pay the License Fee in advance, to be paid without deduction according to the schedule below.
Sample 1
The License Fee. For and as full consideration for the rights and licenses granted hereunder, Sonic IP shall pay and deliver to Axeda, by wire transfer, a one-time, fixed License Fee of $1,729,900 in immediately available funds upon the execution and delivery of this Agreement.
Sample 1

Related to The License Fee

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

  • Sublicense Fees Licensee will pay Sublicense Fees indicated in Section 3.1(e) of the Patent & Technology License Agreement on or before the Quarterly Payment Deadline for the Contract Quarter.

  • License Maintenance Fee Beginning and each thereafter, ***** will pay Stanford a yearly license maintenance fee of $ . Yearly maintenance payments are nonrefundable.

  • License Fees and Royalties Consistent with the applicable U.S. DOT Common Rules, the Recipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Underlying Agreement are program income, and must be used in compliance with federal applicable requirements.

  • License Maintenance Fees COMPANY shall pay to M.I.T. the following license maintenance fees on the dates set forth below: [January 1, year] [dollar amount] [January 1, year] [dollar amount] [and each January 1 of every year thereafter] [dollar amount] This annual license maintenance fee is nonrefundable; however, the license maintenance fee may be credited to running royalties subsequently due on NET SALES earned during the same calendar year, if any. License maintenance fees paid in excess of running royalties due in such calendar year shall not be creditable to amounts due for future years.

  • The License 3.1.1 Subject to and in accordance with the terms and conditions set forth in this Agreement, and in particular subject to the due fulfillment of all the obligations assumed towards Maha-Metro by the Licensee, Maha-Metro hereby grants and authorizes the Licensee to the following (the “Specified Purpose”) :

  • Licensing Fee In consideration for the licensing rights set forth herein, the Licensee agrees to pay AmericaTowne an initial fee of $35,000, which is due and payable as follows: (i) $5,000 on the Effective Date, and (ii) USD $30,000 on 29 October 2014 (the "Licensing Fee"). The Licensing Fee is non-refundable except as otherwise specifically set forth in this Agreement. At the discretion of AmericaTowne the Licensee may be required to sign a note for any outstanding licensing fee.

  • Licence Fee The Licensee must pay the Licence Fee to the School Council:

  • Milestone Payments From and after the Closing Date but prior to the expiration of the Put Option Period (the “Post-Closing Milestone Period”), in addition to the consideration set forth in Section 1.6(c) above, in the event that (x) the Acquired Company has achieved the Base Milestones and the Sellers’ Representative has delivered a Milestone Completion Notice, but the Acquired Company has not achieved an Additional Milestone on the Closing Date, and (y) the Acquired Company achieves the Additional Milestone during the Post-Closing Milestone Period, Purchaser shall pay to Sellers the additional amount payable in respect of such Additional Milestone in cash or, at Purchaser’s sole election, in shares of Purchaser Common *** Portions of this page have been omitted pursuant to a request for Confidential Treatment filed separately with the Commission. Stock, as set forth in Section 1.6(b)(iii) (each, a “Milestone Payment,” and collectively, the “Milestone Payments”). The Milestone Payments and the Initial Purchase Price shall be referred to herein together as the “Aggregate Purchase Price.” Upon achieving an Additional Milestone, Purchaser shall promptly provide written notice to Sellers’ Representative specifying the Additional Milestone achieved, and Purchaser shall pay the applicable Milestone Payment to Sellers within ten (10) Business Days thereof to the bank accounts or brokerage accounts indicated by the Sellers in accordance with the Proceeds Allocation, subject in each case, to the dispute resolution procedures set forth in Section 1.11. In the event of a Change of Control of Purchaser, Purchaser agrees to either (a) cause the acquirer to assume, whether in writing or by operation of law, all remaining Milestone Payments subject to the terms and conditions set forth herein or (b) accelerate the remaining Milestone Payments such that the Milestone Payments become payable immediately prior to the closing of the Change of Control transaction.

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